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    Black Girl Ventures Foundation Logo

    MIP Score

    55

    Community Building
    Small Business Support

    Black Girl Ventures Foundation

    Black Girl Ventures Foundation Logo

    Black Girl Ventures Foundation

    Community Building
    Small Business Support
    9142 Richmond Hwy, Apt 244, Fort Belvoir, Virginia, 22060View all Ft Belvoir charities
    EIN: 83-0935942
    Total Assets: $2.617 million
    Established in 2018

    Mission

    Black Girl Ventures (BGV) is dedicated to addressing the challenges faced by underrepresented women-identifying founders in accessing capital, resources, and community support. Founded in 2016, BGV combines crowdfunding with a unique pitch competition format to fund and scale tech-enabled, revenue-generating businesses founded by women. By leveraging community participation, BGV fosters an equitable entrepreneurial ecosystem.

    Read more on their website →

    Basic Information

    Tax-Exempt

    Address

    9142 Richmond Hwy, Apt 244, Fort Belvoir, Virginia, 22060

    View all Ft Belvoir charities

    Founded in

    2018

    EIN

    83-0935942

    Total Assets

    $2.617 million

    Mission

    Black Girl Ventures (BGV) is dedicated to addressing the challenges faced by underrepresented women-identifying founders in accessing capital, resources, and community support. Founded in 2016, BGV combines crowdfunding with a unique pitch competition format to fund and scale tech-enabled, revenue-generating businesses founded by women. By leveraging community participation, BGV fosters an equitable entrepreneurial ecosystem.

    Basic Information

    Tax-Exempt

    Address

    9142 Richmond Hwy, Apt 244, Fort Belvoir, Virginia, 22060

    View all Ft Belvoir charities

    Founded in

    2018

    EIN

    83-0935942

    Total Assets

    $2.617 million

    UN Sustainable Development Goals Supported

    This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

    Showing 3 of 4 goals

    Goal 1

    No Poverty

    Goal 5

    Gender Equality

    Goal 8

    Decent Work and Economic Growth

    Goal 1

    No Poverty

    Goal 5

    Gender Equality

    Goal 8

    Decent Work and Economic Growth

    Goal 10

    Reduced Inequalities

    At a Glance

    BGV Pitch Program

    BGV Pitch Program

    The BGV Pitch combines crowdfunding and pitching for a unique fundraising experience.

    Emerging Leaders Fellowship

    Emerging Leaders Fellowship

    Fellowship for underrepresented founders looking to lead in their ecosystem.

    BGV NextGen

    BGV NextGen

    A 6-week accelerator program for HBCU students.

    Impact Stats

    500+

    Total Founders Funded

    Funded Founders

    BGV has funded over 500 founders directly.

    2x

    Capital Raised Multiplier

    Alumni Capital Raising

    BGV alumni raise twice as much capital as other founders.

    1

    Ecosystem Reach

    Ecosystem Builder

    BGV is the largest ecosystem builder on the East Coast for underrepresented women founders.

    $10M

    Total Revenue

    Revenue Generation

    BGV pitch alumni collectively generate over $10 million in revenue.

    3,000

    Total Jobs Created

    Job Creation

    BGV's initiatives have created over 3,000 jobs.

    18,000

    Total Founders Served

    Community Engagement

    BGV has served over 18,000 underrepresented women founders.

    Past Events

    BGV Pitch Competition 2022

    2022

    In the 2022 BGV Pitch Competition, Aisha McCain, founder of Casual Recovery Enterprises, became the all-time highest earning participant.

    Pull Up & Pitch Competition 2023

    2023

    Crystal Lugo, founder of GloveScaler, won the 2023 Pull Up & Pitch Competition at Something in the Water, gaining major media attention.

    Emerging Leaders Fellowship 2023

    2023

    Paulana Lamonier of Black People Will Swim was a member of the 2023 Emerging Leaders Fellowship Cohort and won funding.

    Upcoming Events

    BGV LA Pitch Competition

    Dec 05, 2024

    Join us for the LA Pitch Competition to showcase your pitch!

    Learn More

    BGV NYC Pitch Competition

    Nov 07, 2024

    Join us for the NYC Pitch Competition featuring underrepresented founders.

    Learn More

    Pull Up & Pitch + BGV Marketplace

    Nov 01, 2024

    Come shoot your shot for 30 seconds to win up to $10k in grants.

    Learn More

    Our Programs

    BGV Pitch

    A community-driven pitch competition helping underrepresented women to raise capital.

    Learn More

    NextGen

    A 6-week accelerator designed for HBCU students to build business skills.

    Learn More

    Emerging Leaders Fellowship

    Fellowship program focused on developing underrepresented leaders in the ecosystem.

    Learn More

    Pull Up & Pitch

    A pitch event where entrepreneurs have a chance to win capital on the spot.

    Learn More

    MIP Score (Beta)

    The MIP Score is in beta! We'd love any feedback you may have.

    The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

    Overall Score

    55

    42

    /100

    Program Expense Ratio

    78.92%

    12

    /20

    Program Revenue Growth

    0.00%

    2

    /20

    Leverage Ratio

    0.06762

    20

    /20

    Working Capital Ratio

    0.5224

    6

    /20

    Fundraising Efficiency

    0

    2

    /20

    Latest Filing Data: Form 990

    Fiscal Year:2022

    Source:Source: Self-reported by organization

    Financial Details

    Revenue

    CategoryAmountPercentage
    Contributions, Gifts, and Grants4.435M100.00%
    Program Services00.00%
    Investment Income00.00%
    Sales of Non-Inventory Assets00.00%
    Other Notable Sources00.00%
    Total Revenue4.435M100.00%

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